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-seltzer on facebook. ♪ >> we thought we'd bring you some good news this week. the international energy agency reported monday that the the u.s. is likely to surpass saudi arabia as the world's largest oil producer as early as 20/20 and predicts that the u.s. will increase production to 11.1 million barrels a day by 2020, up to about 6.9 million barrels in 2008. that is if the obama administration allows it. so, steve, you've been out to the shale in north dakota where it's coming from, and fracking so-called, and drilling and private risk taking. what does it mean for the u.s. energy markets? >> well, this is such a great, great pro american stir and by the way, paul, it's not just oil, it's also natural gas. >> paul: right, sure. >> my goodness we have more natural gas than the rest of the world combined and it's driven by the technological improvements and a five or ten year technological lead than the countries we're competing with. it's interesting, paul, if you look the at the last three or four years, now what industry has created more than any other industry in the united states. >> pa
, and fracking so-called, and drilling and private risk taking. what does it mean for the u.s. energy markets? >> well, this is such a great, great pro american stir and by the way, paul, it's not just oil, it's also natural gas. >> paul: right, sure. >> my goodness we have more natural gas than the rest of the world combined and it's driven by the technological improvements and a five or ten year technological lead than the countries we're competing with. it's interesting, paul, if you look the at the last three or four years, now what industry has created more than any other industry in the united states. >> paul: the electric car industry, steve? (laughter) >> no, not that one. oil and gas and the thing that's so amazing, the president is doing almost everything he can to try to hold this back with regulations and with not allowi allowing permitting most of the oil and gas development is going out on private land and where the president has to get with the program because we could literally create millions more jobs if we get this story right. >> paul: jim, the consequences here economica
guess. >> john: let me say one thing in john mccain's defense. he has more energy than most 40 -year-olds i know. he proves that age is nothing but a number every day. i would never make fun of his age. i would make fun of his desperation and his desperate case to stay relevant with the tea party that despise him in his own republican wing. >> caller: nation has no appetite to go back to war anywhere. let's resolve the issues we've got. and you know, work peacefully. >> john: i agree jack. you're right. thank you very much. i'm glad -- it is 3:30 where you are. i wish you a great day. it won't be light for another six hours. thank you jack from oregon. we'll be taking your calls and i'll be joined by dan glickman now from the bipartisan policy center. i'm john fuglesang. this is the "bill press show." good morning. fast max. use as directed. (vo) cenk uygur is many things. >>oh really? >>"if you ever raise taxes on >>the rich, you're going to destroy our economy." not true! [ ♪ theme music ♪ ] on your radio and
conversation with david petraeus. >>> if you're drinking five-hour energy drink this morning, you should know it's being investigated to possible links of 13 deaths over the course of four years according to the "new york times," citing fda records n a statement the company says, quote, it's unaware of any deaths proved to be caused by consumption of five-hour energy thanchts twi . >>> that twinkie in your lunch box could be the last for quite some time, hostess in a striking situation with its workers. fear not, fate of the ring ding, some of hostess' most iconic treats could get bought up by other companies at auction. >>> at the start of his first term, president barack obama cited the influence of one of lincoln book -- the influence of one of the many lincoln books out there, "team of rivals" by making his cabinet picks. i'm having trouble speaking this morning. i apologize for that. anyway now that obama is starting off his second term, cast and crew inspired by that same book. a.j. hammer is here to tell us more. >> oscar buzz already. when you are the president and the film's director
atomic energy agency. cnn's senior international correspondent matthew chance has more. >> wolf, it's another highly critical report of iran's nuclear program from the u.n.'s nuclear watchdog. it's filled of course with stuff about how iran continues to fail to cooperate with u.n. inspectors and refuses to answer questions about the alleged military dimensions of its nuclear activities. iran of course says its nuclear program is for purely peaceful purposes. but of most concern say western diplomats is the fact that iran has stepped up its capacity to enrich uranium adding more sen ri fujs to its highly secured underground bunker at a place built into a mountain to defend it against potential air strikes. the report says iran has effectively doubled its enrichment capacity there theoretically making it able to have material for a bomb much more quickly than it could do previously. to report, not exactly a game changer perhaps. but still a very worrying document for those countries who like the united states iran's nuclear program very suspiciously indeed. wolf. >> matthew, thank you
-term recovery was at the stimulus really did begin this long-term reinvestment. it was by far the largest energy bill in the history of the country. we been spending a few billion dollars a year. the stimulus port and 90 billion, just a complete game changer for wind, solar and other renewables, energy efficiency and every imaginable form. [applause] i got for saying he thinks. for this marker, electric vehicles, biofuels, clean energy research and the technologies of tomorrow and factories to build the stuff in the united states. not just energy, but the stimulus is going to drag our antiquated health care system into the digital era so that your doctor might not kill you at this chicken scratch handwriting by 2015 just about every american will have an electronic medical record, which really should improve care and reduce costs and is really a down payment on health care reform. this included the most ambitious education reform in decades with race to the top of the largest infrastructure investment since eisenhower. it had the largest research investment other, the largest middle-class tax cu
on foreign oil. and on energy and all of those things will help. but the key issue here is how do we make our labor internationally competitive? to do that you have to come up with new ideas, new tax cuts, incentives for industry and things like that. that will take some work from congress. and, you know, i feel like that is what they need to do. and it is the same old project, the same old system, it does not fit for today. is that simple. host: nancy cook. caller: that is a fascinating point. we have had these bush era tax cuts are almost over a decade now. the tricky thing about the tax code is at once you introduce changes to it, it is really hard to change them back and temporary tax cuts often become more permanent ones, and the caller raises a great point about thinking about, what should the tax code will look like rather than all of these temporary things adding up -- adding both parties are concerned. -- i think both parties are concerned. both parties say there would like to bring down the corporate tax rate to 28%. and the republicans want to do something or it would create a diff
Search Results 0 to 10 of about 11 (some duplicates have been removed)

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